The document discusses different types of risks and strategies for managing risk, including through insurance. It defines risk and outlines sources of risk such as financial, speculative, pure, fundamental, and particular risks. It then explains approaches to dealing with risk, such as taking it on, eliminating it, reducing it, or transferring it to other parties. The document also provides details about insurance, including how it allows for the transfer of risk from individuals to insurers in exchange for premiums and outlines some key principles of insurance like uncertainty of loss and equitable sharing of risk across large pools of insured individuals.

1. Risky Kusuma Hartono
Sekolah Tinggi Ilmu Kesehatan Indonesia Maju
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2. §Want as an ideal expectation
§Fact migh deviate from
expectation due to the risk
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3. §Uncertain situation
§Hazard combination
§Perils consequences:
§Loss
§Break event
§Gain
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4. 1. Financial Risk
2. Speculative risk (gain or loss)
3. Pure risk à There is no posibility of gain
4. Fundamental risk à beyond human
capabilities (Ex: war, natural disasters)
5. Particular risk à Fire, theft, accident
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6. 1. Take on: do not take anticipatory steps
2. Elimination: avoiding causes of risk
3. Reduction: decrease the possibility of
event
4. Transfer: to other parties
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7. §Risk transfer
§Agreement of insurer to the
insured by receiving premium for
reimbursing the damage or loss
because of an uncertain event
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8. •Main benefit à
- risk transfer
- Loss prevention
•Secondary prevention à
-Investing fund
-Economic growth
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9. 1. Uncertainty of loss
2. Measurability of loss
3. Large number of insureds
4. Significant size of potential loss
5. Equitable sharing
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10. 1. Individual & group insurance
2. Life & health insurance
3. Property & casualty insurance
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11. 1. Medical expense insurance
2. Critical illness insurance
3. Long-term care insurance
4. Disability income insurance
5. Supplemental health insurance
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12. Rejda, G.E., 2011. Principles of risk management
and insurance. Pearson Education India.
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13. Sekolah Tinggi Ilmu Kesehatan Indonesia Maju
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